Next Canada
Charitable organizationSupport of schools and education·1800 - 175 BLOOR ST E · TORONTO, ON · M4W 3R8·BN 815198403RR0001·website ↗
Last reported: F2024 filing · period ending 2024-08-31
Cents to cause T1
43¢
of each dollar spent, to programs
Operating overhead T1
57%
typical range 5–35%
Reserves T1
3.1 yr
of program spending, in cash and investments
Revenue T1
$2.3M
not reviewed by an analyst (Charity Intelligence)
— means the filing doesn't include the lines needed; details and sources below.·How to read these figures
Common questions
How do I donate to Next Canada?
You can search for it on CanadaHelps or give directly through its own website. Charity Compass never handles your money — we only link out to where you can give.
Is Next Canada a registered charity?
Per CRA records, it filed a F2024 T3010 return under charity number 815198403RR0001. Registration status can change, so check the CRA charities listing for its current status. Only a currently registered charity can issue an official donation receipt.
Where is Next Canada located?
Per its F2024 T3010, its address on file is 1800 - 175 BLOOR ST E, TORONTO, ON, M4W 3R8. Source.
What does Next Canada do?
In its own words, from its F2024 T3010 filing: "NEXT CANADA'S PROGRAMS ARE COMPRISED OF TWO MAJOR COMPONENTS FOR UNDERGRADUATE UNIVERSITY STUDENTS: THE ENTREPRENEURSHIP INSTITUTE AND THE HANDS-ON VENTURE DEVELOPMENT COMPONENT. THE ENTREPRENEURSHIP INSTITUTE CONSISTS OF ROUGHLY 150 HOURS OF IN-CLASS INSTRUCTION TAUGHT BY INTERNATIONALLY ACCLAIMED FACULTY AND…" Full program description.
How much of Next Canada's spending goes to programs?T1
Per its F2024 T3010, 43¢ of each dollar it spent went to programs (self-reported, not independently verified). Full figures.
How big is Next Canada?T1
Its last-reported revenue was $2.3M (F2024), which places it in Charity Compass's $1M–$10M revenue band, alongside 9,072 other operating charities.
What it does — in its own words
Ongoing programs
NEXT CANADA'S PROGRAMS ARE COMPRISED OF TWO MAJOR COMPONENTS FOR UNDERGRADUATE UNIVERSITY STUDENTS: THE ENTREPRENEURSHIP INSTITUTE AND THE HANDS-ON VENTURE DEVELOPMENT COMPONENT. THE ENTREPRENEURSHIP INSTITUTE CONSISTS OF ROUGHLY 150 HOURS OF IN-CLASS INSTRUCTION TAUGHT BY INTERNATIONALLY ACCLAIMED FACULTY AND CANADIAN BUSINESS LEADERS DIRECTED BY ONE OF THE ROTMON SCHOOL'S TOP RATED PROFESSORS. UPON ACCEPTANCE INTO THE PROGRAM IN JANUARY ENTREPRENEUR- STUDENTS IDENTIFY COFOUNDERS WITH WHOM TO BUILD THEIR BUSINESSES AND IDENTIFY THE IDEA(S) ON WHICH THEIR BUSINESSES WILL BE BUILT. FROM DEC… Show more
NEXT CANADA'S PROGRAMS ARE COMPRISED OF TWO MAJOR COMPONENTS FOR UNDERGRADUATE UNIVERSITY STUDENTS: THE ENTREPRENEURSHIP INSTITUTE AND THE HANDS-ON VENTURE DEVELOPMENT COMPONENT. THE ENTREPRENEURSHIP INSTITUTE CONSISTS OF ROUGHLY 150 HOURS OF IN-CLASS INSTRUCTION TAUGHT BY INTERNATIONALLY ACCLAIMED FACULTY AND CANADIAN BUSINESS LEADERS DIRECTED BY ONE OF THE ROTMON SCHOOL'S TOP RATED PROFESSORS. UPON ACCEPTANCE INTO THE PROGRAM IN JANUARY ENTREPRENEUR- STUDENTS IDENTIFY COFOUNDERS WITH WHOM TO BUILD THEIR BUSINESSES AND IDENTIFY THE IDEA(S) ON WHICH THEIR BUSINESSES WILL BE BUILT. FROM DECEMBER TO APRIL WHILE COMPLETING THEIR UNDERGRADUATE STUDIES STUDENTS BUILD THEIR BUSINESSES REMOTELY WITH INPUT FROM THE NEXT CANADA AND THEIR DEDICATED MENTORS. BEGINNING IN MAY THE RELOCATE TO TORONTO TO BEGIN THE ENTREPRENEURSHIP INSTITUTE COMPONENT OF THE PROGRAM WHILE CONTINUING TO BUILD THEIR BUSINESS. THE PROGRAM CULMINATES IN AUGUST AT VENTURE DAY WHERE ENTREPRENEUR-STUDENTS PRESENT TO INVESTORS AND BUSINESS LEADERS ACROSS CANADA. NEXT CANADA ALSO CONDUCTS A NEXT FOUNDERS ENTREPRENEURS PROGRAM AND A NEXT ARTIFICIAL INTELLIGENCE ENTREPRENEURS PROGRAM (NEXT AI).
Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗
Tier 1 — what we computed (open data)
From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure. New to these terms? Read what cents to the cause, overhead and reserves mean.
43¢
Per its F2024 T3010, 43¢ of each dollar spent went to programs. The rest ran the organization and raised money; higher is not automatically better.
Sector median: 89¢ across 55,155 computed charities; 87¢ among those its size ($1M–$10M).
this charity 43¢ · sector median 89¢ · all 55,155 computed charities
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means
57%
Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.
T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means
3.1 yr
Years that cash, bank balances and investments on hand could cover program spending; liabilities and restricted funds are not netted out.
Charities its size ($1M–$10M, 9,072): median 0.5 yr; 43% hold under half a year. All operating charities: median 0.8 yr.
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗ · what this means
Total revenue
T1 · computed (open data)$2.3M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)9%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
4%
Share of revenue from federal, provincial, and municipal sources.
T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗ · what this means
Where the money comes from
Shares of last-reported revenue, per its F2024 T3010. Self-reported; not independently verified.
Receipted donationsT1
9%
T3010 4500 ÷ 4700
GovernmentT1
4%
T3010 4570 (or 4540+4550+4560) ÷ 4700
Other revenueT1
87%
T3010 remainder ÷ 4700
Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-08-31 | $6.3M | 63¢ | 37% | 1.1 yr |
| 2020-08-31 | $3.1M | 56¢ | 44% | 1.2 yr |
| 2021-08-31 | $4.3M | 50¢ | 50% | 2.1 yr |
| 2022-08-31 | $3.2M | 42¢ | 58% | 3.2 yr |
| 2023-08-31 | $2.7M | 40¢ | 60% | 2.6 yr |
| 2024-08-31 | $2.3M | 43¢ | 57% | 3.1 yr |
| trend |
Swipe sideways to see every column.
From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · ✱ = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Not rated by Charity Intelligence. Their analysts cover 819 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
Similar charities
Same CRA category, revenue within 20× of this one, and the closest program descriptions in their own filings. A shortlist to compare, not a ranking.
- ENACTUS CANADA
TORONTO, ON·revenue $2.9M
99¢to programs · T1
- YOUNG ENTREPRENEURS OF CANADA ASSOCIATION
SURREY, BC·revenue $623K
33¢to programs · T1
- YELL Canada
VANCOUVER, BC·revenue $232K
76¢to programs · T1
- JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA
VANCOUVER, BC·revenue $4.0M3 of 5 stars, Charity Intelligence T2
60¢to programs · T1
- CAREERS THE NEXT GENERATION FOUNDATION
EDMONTON, AB·revenue $11.2M
89¢to programs · T1
Figures per each charity's F2024 T3010 · self-reported, not audited by us · ✱= that filing's expense lines don't reconcile · open a profile for sources and caveats.
Board of directors
20 directors reported · 20 of 20at arm's length
- AGRAWAL, AJAY KUMARSECRETARYarm's length
- BARYSHNIK, AMYBOARD MEMBERarm's length
- BRODIE, MALLORIEBOARD MEMBERarm's length
- BURGESS, IANBOARD MEMBERarm's length
- CUSHMAN, EMILIEBOARD MEMBERarm's length
- DEPENCIER, ALANBOARD MEMBERarm's length
- JIWAN, ADAMBOARD MEMBERarm's length
- KELLEHER, JOHNBOARD MEMBERarm's length
- LACAVERA, ANTHONYBOARD MEMBERarm's length
- LAKE, LAURENBOARD MEMBERarm's length
Show all 20 directors
- LAKHANI, KARIMBOARD MEMBERarm's length
- MCMORROW, COLLEENBOARD MEMBERarm's length
- MOOREHEAD, COLLEENBOARD MEMBERarm's length
- ODENDAHL, SANDRABOARD MEMBERarm's length
- PRICE, TIMBOARD MEMBERarm's length
- REAM, BRADENBOARD MEMBERarm's length
- SATCHU, REZA R.CHAIRarm's length
- SEIF, SOMBOARD MEMBERarm's length
- DOMINGUES, JOSHBOARD MEMBERarm's length
- NANJI, HANIF (CHIKO)BOARD MEMBERarm's length
From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗
Right of reply
This charity hasn't added a response yet. When it does, it appears here, beside the numbers, and is never removed. Represent this charity? Submit a response.
Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗